Bed Bath & Beyond Earnings: Your Sneak Peek to the Big Announcement

Bed Bath & Beyond (NASDAQ:BBBY) will report earnings after markets close on Wednesday, April 10th. Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.

Here is your Cheat Sheet to Bed Bath & Beyond Earnings:

Earnings Expectations: Analysts expect earnings of $1.68 per share on revenues of $3.40 billion. Currently, the company’s P/E ratio stands at 14.61.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.95 to a profit $0.94. For the current year, the average estimate is a profit of $4.56, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Bed Bath & Beyond has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,049 7,208 7,829 8,759 9,500
Diluted EPS ($) 2.10 1.64 2.30 3.07 4.06

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 2,344 2,732 2,218 2,593 2,702
Diluted EPS ($) 0.95 1.46 0.89 0.98 1.03

Past Performance:
Bed Bath & Beyond has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]